"Most Banks Have Enough Capital After Stress Tests"

rsarno · 04-24-2009, 01:14 PM

"The US government, releasing details of how it conducted "stress tests" on the nation's 19 largest financial insitutions, said "most banks currently have capital levels well in excess of the amounts needed to be well capitalized."

so WHY THE FUK did we give them 800 BILLION dollars????

or are they "well capitalized" becaue of the 800bil handouts?? If so, why should that money count towards how well capitalized they are??

That money was supposed to be given to banks, so they lend money. If they did what the fuk they were supposed to do, and lent out the money, are they still "well capitalized"?? And if so, that returns me to my original question .... why the fuk did they get 800bil dollars?!?

damnit what BS.

Sorry for the rant, skip this nonsense thread if you like. had to vent somewhere

rsarno · 04-24-2009, 01:18 PM

and another stupid rant of mine ...

how the hell i the stock market going UP??

MILLIONS of people collecting unemployment, millions more unemployed and not collecting, millions more had to take ****ty jobs just to pay rent but with like 75% salary reduction

Every single day so many business go under

Every single day banks reject startup loans

Every single day someone gets laid off and cant pay their mortgage

But the stock market is going UP????????

What a damn insult that is. Could be close to a half a billion people suffering because of the bull**** on Wall St, and they have to hear in the news every day how good the market is???

EFFFFFFFFFFF YOUUUUUUUUUUUUUU!!!

sorry, skip that one too lol

VADave · 04-24-2009, 01:18 PM

Banks are lining up to give those bailout funds back.

Makes me wonder how much they really needed them in the first place.

rsarno · 04-24-2009, 03:09 PM

Quote:

Originally Posted by VADave

Banks are lining up to give those bailout funds back.

Makes me wonder how much they really needed them in the first place.

they wan to give it back so bad, because the govt is making their life living hell while they have a stake in the company!

"damnit alright alright, heres your money back now leave us the hell alone"

an the govt wont let them pay it back ROFL!!! what a joke this all is